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Insights from CPO Rising 2019: #ValueExpansion
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Last month, we examined the current constraints on procurement today and discovered that data spend quality is an issue that’s holding organizations back. Digging in further, we found that spend classification is a big factor affecting organizations’ abilities to get high-quality data. The reality is you don’t know what you’re actually spending in each category.
Together, Xeeva’s AI-powered procurement technology integrated with Agiloft’s contract and commerce lifecycle management software will drive significant efficiency and compliance REDWOOD CITY, Calif., -- Oct. 31, 2019 -- Agiloft, the global standard in contract and commerce lifecycle management (CCLM), and Xeeva, a global provider of AI-powered specialized procurement software, today announced they have forged a strategic partnership to provide a fully integrated source-to-contract experience for enterprise customers. Industry analysts have endorsed the significant value customers...
Strategic sourcing: A disciplined approach to supply market analysis that continuously improves and re-evaluates the purchasing activities of an organization. Strategic sourcing provides the best possible values in the marketplace to produce sustainable savings and reduce cycle times. Sourcing optimization starts from a diverse strategic perspective and usually takes the form of strategic decisions. It is important to identify untapped opportunities to improve vendor access and increase the value of each dollar spent. Drive benefits...